Have a great trip!
The OC is set up basically as a 6 floor u-shaped building, and it is between the hotel to the N and the SC to the S. All units are designated either OV or OF, although real ocean views are somewhat blocked in many cases by buildings (the hotel or the SC), foliage and palapas. The interior facing villas (poolside) generally have a nicer view, since even if you are on a lower floor you'll still be facing the pool of the OC, although now on the N side you'd also see the new hotel pool.